Stocks in a tailspin, dollar soars as hard landing fears grow

A broker reacts while trading at his computer terminal at a stock brokerage firm in Mumbai, India, February 1, 2020. REUTERS/Francis Mascarenhas Register now for FREE unlimited access to register World stocks drop to 1-1/2 yr low, down almost 20% YTD Europe opens down 2% US equity futures struggle Dollar hits 2yr highs on … Read more

OPEC Stays Silent As EU Rushes To Ban Russian Oil

The Organization of Petroleum Exporting Countries and its partners in OPEC+ led by Russia decided this week they would not increase their target production figure for next month. Effectively, OPEC+ slapped the EU in the face, as this decision means no additional oil is coming to Europe to replace sanctioned Russian barrels. The European Commission … Read more